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Consolidated Statement of Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net sales:      
Total net sales $ 6,840 $ 6,583 $ 5,809
Cost of sales and operating expenses:      
Total cost of sales and operating expenses 6,400 6,060 5,260
Gross income 440 523 549
Selling, general and administrative expenses 336 314 309
Operating income 104 209 240
Other income (expense):      
Interest expense (36) (44) (29)
Interest income 28 11 15
Interest income from affiliates 2 3 22
Loss from affiliates (41) (44) (7)
Other investment income (loss), net 225 (152) 177
Foreign currency gains, net   4 14
Miscellaneous, net 2 (3) (5)
Total other income (loss), net 180 (225) 187
Earnings (loss) before income taxes 284 (16) 427
Income tax expense (1) (1) (181)
Net earnings (loss) 283 (17) 246
Less: Net loss attributable to noncontrolling interests     1
Net earnings (loss) attributable to Seaboard $ 283 $ (17) $ 247
Earnings (loss) per common share $ 242.78 $ (14.61) $ 211.01
Average number of shares outstanding (in shares) 1,165,758 1,170,501 1,170,550
Other comprehensive income (loss), net of income tax benefit (expense) of $4, $(2), and $3:      
Foreign currency translation adjustment $ (20) $ (53) $ (6)
Unrealized gain on investments     5
Unrecognized pension cost (10) 3 (4)
Other comprehensive loss, net of tax (30) (50) (5)
Comprehensive income (loss) 253 (67) 241
Less: Comprehensive loss attributable to noncontrolling interests   1 1
Comprehensive income (loss) attributable to Seaboard 253 (66) 242
Products      
Net sales:      
Total net sales 5,610 5,334 4,693
Cost of sales and operating expenses:      
Total cost of sales and operating expenses 5,322 4,990 4,298
Services      
Net sales:      
Total net sales 1,104 1,116 1,009
Cost of sales and operating expenses:      
Total cost of sales and operating expenses 989 971 879
Other      
Net sales:      
Total net sales 126 133 107
Cost of sales and operating expenses:      
Total cost of sales and operating expenses $ 89 $ 99 $ 83